Rice, pasta, cornmeal price history from 2004 through 2021

Rice, Pasta, Cornmeal Inflation Calculator

Prices for Rice, Pasta, Cornmeal, 2004-2021 ($20)

According to the U.S. Bureau of Labor Statistics, prices for rice, pasta, cornmeal were 48.34% higher in 2021 versus 2004 (a $9.67 difference in value).

Between 2004 and 2021: Rice, pasta, cornmeal experienced an average inflation rate of 2.35% per year. This rate of change indicates significant inflation. In other words, rice, pasta, cornmeal costing $20 in the year 2004 would cost $29.67 in 2021 for an equivalent purchase. Compared to the overall inflation rate of 1.97% during this same period, inflation for rice, pasta, cornmeal was higher.

In the year 2004: Pricing changed by 2.58%, which is above the average yearly change for rice, pasta, cornmeal during the 2004-2021 time period. Compared to inflation for all items in 2004 (2.68%), inflation for rice, pasta, cornmeal was lower.

Price Inflation for Rice, pasta, cornmeal since 1977

Consumer Price Index, U.S. Bureau of Labor Statistics

Years with the largest changes in pricing: 2008 (20.58%), 1980 (16.46%), and 1988 (12.46%).

Raw Consumer Price Index data from U.S. Bureau of Labor Statistics for Rice, pasta, cornmeal:

Year	1977	1978	1979	1980	1981	1982	1983	1984	1985	1986	1987	1988	1989	1990	1991	1992	1993	1994	1995	1996	1997	1998	1999	2000	2001	2002	2003	2004	2005	2006	2007	2008	2009	2010	2011	2012	2013	2014	2015	2016	2017	2018	2019	2020	2021
CPI	67.500	74.131	78.046	90.892	101.269	100.685	98.531	100.777	102.069	102.231	101.685	114.354	119.962	121.969	126.531	128.277	129.715	139.654	140.177	144.177	148.754	150.538	151.877	150.723	154.638	155.831	160.338	164.477	165.262	171.354	181.421	218.763	229.900	224.406	234.088	239.384	239.427	238.133	241.647	239.110	234.257	236.233	238.024	243.947	243.989

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Buying power of $20 since 2004

Below are calculations of equivalent buying power for Rice, pasta, cornmeal, over time, for $20 beginning in 2004. Each of the amounts below is equivalent in terms of what it could buy at the time:

Year	USD Value	Inflation Rate
2004	$20.00	2.58%
2005	$20.10	0.48%
2006	$20.84	3.69%
2007	$22.06	5.87%
2008	$26.60	20.58%
2009	$27.96	5.09%
2010	$27.29	-2.39%
2011	$28.46	4.31%
2012	$29.11	2.26%
2013	$29.11	0.02%
2014	$28.96	-0.54%
2015	$29.38	1.48%
2016	$29.08	-1.05%
2017	$28.49	-2.03%
2018	$28.73	0.84%
2019	$28.94	0.76%
2020	$29.66	2.49%
2021	$29.67	0.02%*

* Not final. See inflation summary for latest details.

How to calculate the inflation rate for rice, pasta, cornmeal, 2004-2021

Start with the inflation rate formula:

CPI in 2021 / CPI in 2004 * 2004 USD value = 2021 USD value

Then plug in historical CPI values from above. The CPI for Rice, pasta, cornmeal was 164.477 in the year 2004 and 243.989 in 2021:

243.989 / 164.477 * $20 = $29.67

Therefore, according to U.S. Bureau of Labor Statistics, $20 in 2004 has the same "purchasing power" as $29.67 in 2021 (in the CPI category of Rice, pasta, cornmeal).

Source: U.S. Bureau of Labor Statistics began tracking the Consumer Price Index for Rice, pasta, cornmeal in 1977. In addition to rice, pasta, cornmeal, the index produces monthly data on changes in prices paid by urban consumers for a variety of goods and services.